Financial Benefits Analyst - Remote
OneDigital
•$70,000 - $90,000•Remote
About The Position
The Financial Benefits Analyst supports all aspects of financial analysis related to clients’ benefit programs. The Financial Benefits Analyst works closely and collaboratively with other members of the financial support team to provide support to Account Manager(s) and Sales Team. Deliverables will include benefit and financial illustrations that allows clients to properly evaluate their benefit plans.
Requirements
- Ability to analyze data and recognize analytical patterns
- Strong verbal and written communication skills
- Ability to effectively handle multiple and changing client priorities and deadlines
- Excellent interpersonal skills
- Ability to thrive in a fast paced environment
- 2-3 years of experience
- Bachelor’s degree, required
- Proficient in all Microsoft Office products, required
- Advanced/Expert Level proficiency in Microsoft Excel, required
Nice To Haves
- Business, Finance, Math, Accounting or related field, preferred
- Experience in the healthcare industry working for a group insurance carrier, broker or consultant, preferred
- Knowledge of group insurance including medical, dental, CDHP, pharmacy, life and disability products, strongly preferred
- Experience with database applications, a plus.
Responsibilities
- Identifies risk in existing benefit plans through the use of data analytics, illustrates the results and provide actionable insights and potential solutions to mitigate the risk through data analytics.
- Mine data from primary and secondary sources, cleaning raw data and eliminating duplicates and errors to ensure that the resultant data is high-quality to ensure integrity of database; interpreting data, analyzing results using statistical techniques.
- Create and maintain documentation of analytics processes for management to understand the data analysis process as needed.
- Focused on designing analysis tools and developing analytic models and processes that aid in analyzing data and mapping trends, streamlining processes and patterns using existing resources available.
- Provide oversight and training for future data analysts
- Collaborate with the Account Managers to review client utilization reports and identifies opportunities for plan design and product changes, based upon utilization patterns to develop and streamline data strategies
- Drafts accurate exhibits for quarterly and annual client meetings
- Drafts client reports using various carrier reporting methods.
- Analyzes data and identifies opportunities for plan design and product changes, based upon observed utilization patterns
- Drafts monthly reporting deliverables for clients.
- Develops and maintains strong working relationships
- Maintains accurate, current, organized and complete information in internal database
- Assists team and clients as necessary with special projects
Benefits
- health, wellbeing, retirement, and other financial benefits
- paid time off
- overtime pay for non-exempt employees
- robust learning and development programs
- reimbursement of job-related expenses
- employee perks and discounts
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
